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Aleksandr-060686 [28]
3 years ago
13

ClipClop Company sells horseshoes to customers at a discount of 4% if the customer orders more than 10,000 horseshoes in a year.

The price per shoe is $2. In April, Oats Company orders 4,000 horseshoes from ClipClop. Based on past experience with Oats Company, ClipClop expects Oats to meet the volume threshold of 10,000 horseshoes by the end of the year. What amount of revenue should ClipClop record in connection with the April sale?
Business
1 answer:
STALIN [3.7K]3 years ago
7 0

Answer:

$7,680

Explanation:

The computation of the sales revenue in April month is shown  below:

= Sales revenue - discount

where,

Sales revenue = Number of horseshoes × price per shoe

                       = 4,000 horseshoes × $2

                       = $8,000

And, the discount equal to

= Sales revenue × discount percentage

= 8,000 horseshoes × 2%

= 3$20

Now put these values to the above formula

So, the value would be equal to

= $8,000 - $320

= $7,680

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When the Fed sells government securities, the banks':
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Answer:

The correct answer is option B.

Explanation:

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What's the difference between a checking account and a savings account?
elena-s [515]

Answer:

D. A checking account comes with a credit card.

Explanation:

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Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.

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2 years ago
The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings o
Svetllana [295]

The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings of their supervisors.The supervisors are concerned about this and have raised all of the following objections EXCEPT (d) the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance

Explanation:

The rating of the sub-ordinates by their supervisors can not be considered as a perfect way for performance appraisal because it will be over-focused on the behavior of the sub-ordinate with their supervisors rather than the on the job performance.

The sub-ordinates who follow all the commands of their supervisors will be rated high rather than those who perform well on the task given to them

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8 0
3 years ago
An investor who was not as astute as he believed invested $263,000 into an account 11 years ago. Today, that account is worth $2
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Answer:

-2.33%

Explanation:

An investor who was not as astute as he believed invested $263,000 into an account 11 years ago,

Given that,

Current value of account, future value = $202,800

Value of invested amount, Present value = $263,000

Time = 11 years

Present\ value=\frac{Future\ value}{(1+r)^{n}}

263,000=\frac{202,800}{(1+r)^{11}}

263,000(1 + r) ^ {11} = 202,800

(1 + r) ^ {11} = \frac{202,800}{263,000}\\

(1+r)=(0.7711026616)^{\frac{1}{11}}

(1 + r) = 0.9766466684  

r = 0.9766466684 - 1

 = - 0.02335333157

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Therefore, the annual rate of return on this account is -2.33%.

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3 years ago
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